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Think Tank
Ocean Transportation: Page 154
Damco Offers Weighing and Filing Services for New SOLAS Regs
Damco, a third-party logistics provider, has launched two Verified Gross Mass (VGM) services to support implementation of new regulations from the International Convention for the Safety of Life at Sea (SOLAS).
Insurance Industry Eyes Increased Risks Expanded Panama Canal Brings
The Panama Canal accounts for roughly five percent of world sea trade, and the expanded Panama Canal is estimated to generate a three percent increase in cargo volumes transiting the canal.
JLL Managing Director Comments on Panama Canal Expansion
Will the amount of cargo transiting the Panama Canal do so on fewer vessels?
A.P. Moller-Maersk Ponders Whether to Break Group Into Separate Companies
Danish shipping and oil group A.P. Moller-Maersk could be split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.
Officer Shortage to Ease as Growth in Global Shipping Fleets Continues to Slow
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.
Another Two Years of Bad News for Dry Bulk Shipping Industry?
The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be squeezed out, the chairman of France's Louis Dreyfus Armateurs.
Rickmers-Linie Acquires Project Business of Nordana
Rickmers-Linie, a liner service specializing in breakbulk, heavy lift and project cargoes, has taken over the activities of tramp and chartering services provider Nordana Project and Chartering, with offices in Copenhagen, Bangkok, Singapore and Houston.
Reflections on Port Safety for Dangerous Goods
The explosion at Tianjin Port last August should be seen as a spectacular example of why those operating throughout the global supply chains should examine their work practices and risk policies more thoroughly.
Contract Rates in East-West Trades Continue to Tumble
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18 percent between February and May, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Averitt Adds LCL Service From China to Memphis, Charleston
Averitt Express has added two weekly departures for less-than-containerload (LCL) service from China to Memphis, TN and Charleston, SC.
Around New Container-Weighing Rule, Confusion Reigns
Still confused about what shippers must do to comply with that new regulation on the weighing of loaded containers at ports? You've got plenty of company.
Import Patterns Uneven, But 'Plenty of Merchandise' Expected for Back-to-School Sales
Import cargo volume at the nation's major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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